SMALL BALANCE COMMERCIAL REAL ESTATE LOANS
MCB Capital offers Small Balance Commercial Real Estate Loans from $75K up to $1.5MM in several states and on several different property types.
Loan Programs
The below guidelines are general guidelines. If you have any questions about one of our Small Balance Loan Programs, please do not hesitate to Contact Us.
| Minimum Loan Amount: | $75,000 |
| Maximum Loan Amount: | $1.5 Million Loans over $1 Million are only available in major MSA's |
| Rates: | Start at 5.75% Rates depend on property type, credit, loan to value etc. |
| Available Loan Terms: | 25 year fixed 3 year hybrid 5 year hybrid |
| Amortization: | 25 years |
| Maximum LTV: | 70% - varies by property type |
| Prepayment Penalty: | 5,4,3,2,1 declining 3,2,1 declining |
| Minimum Credit Score: | 600 |
| Property Types: | Apartment Buildings, Office Buildings, Multifamily, Retail, Mixed-Use, Hotel/Motel, Recreational Day Care, Hair Salons, Auto Repair, Auto Body Shop, Funeral Homes, Office, Warehouse, Mobile Home Parks, Garage/Storage, Bar/Restaurant |
| MCB Capital Fees: | Varies depending on Loan Amount and Property Type |
| Additional Fees: | Appraisal Fee will need to be paid upon issuance and acceptance of Conditional Loan Approval |
| Minimum Loan Amount: | $75,000 |
| Maximum Loan Amount: | $350,000 |
| Rate: | Starting at 10.5% |
| Loan Term: | Up to 25 years fixed rate |
| Amortization: | Up to 25 years |
| Maximum Loan to Value: | 60% - varies by property type |
| Prepayment Penalty: | 5,4,3,2,1 declining |
| Credit: | We will consider credit scores under 600 or other credit challenges |
| Property Types: | Apartment Buildings, Office Buildings, Multifamily, Retail, Mixed-Use, Hotel/Motel, Day Care Facilities, Hair Salons, Auto Repair, Auto Body Shop, Funeral Homes, Office/Warehouses, Garage/Storage |
| MCB Capital Fees: | Varies depending on Loan Amount, Property Type etc. |
| Appraisal: | You will have to put up money for an appraisal once a conditional loan approval has been issued and accepted |
| Mininum Loan Amount: | $75,000 |
| Maximum Loan Amount: | $400,000 |
| Loan Rate: | Starting at 10.50% |
| Loan Term: | Up to 25 years fixed rate |
| Amortization: | Up to 25 years |
| Maximum Loan to Value: | 60% - varies by property type |
| Prepayment Penalty: | 5,4,3,2,1 declining |
| Minimum Credit Score: | 600 |
| Property Types: | Houses of Worship, VFW's, Union Halls, Office Buildings, Retail |
| MCB Capital Fees: | Varies depending on Loan Amount, Property Type etc. |
| Appraisal Fee: | Will need to paid upon issuance and acceptance of a conditional loan commitment |